Financial Reporting Manager I

Position Title:  Accounting Manager I – Financial Reporting (Non-LO-No Consumer Contact)

Department:  Accounting and Finance                                   

Job Status:  Full Time/Salary

Reports to:  Accounting Senior Manager                     

Amount of Travel:  As Needed               

Vanderbilt Mortgage and Finance, Inc. (VMF) was established in 1974 and currently services over 150,000 loans. Our strength as an organization is rooted in the quality of our people and products. We are an equal opportunity employer committed to creating a diverse workforce.  Furthermore, we are financially strong, with a reputation for leading the industry with unsurpassed products, a broad range of services, and a coast-to-coast presence.  We are professionally strong, from entry level to more experienced positions, we are actively recruiting individuals who are passionate, positive, and eager to learn. As a member of our team, we will equip you for success. You will enjoy excellent benefits, opportunities for growth, and an encouraging culture that supports work-life balance.

The Accounting Manager I – Financial Reporting is responsible for overseeing Vanderbilt’s adherence to GAAP and the accurate reporting of financial statements and disclosures to corporate accounting, regulatory authorities, external auditors, and 3rd party financial statement users.

Team Leadership and Development

• Oversees and mentors a team of accountants, providing guidance and support in resolving issues and achieving departmental goals
• Evaluates staffing needs and proposes changes to roles as necessary
• Monitors team performance, provides feedback and recognition, and addresses performance issues as needed
• Serves as a liaison between team members and upper management, conveying information, updates, and feedback
• Oversees onboarding and training of new team members
• Provides adequate support of team members, which includes, but is not limited to professional development and being available for team member inquiries
• Supports team members with guidance and knowledge and maintains an open atmosphere where team members are motivated to reach their full potential
• Determines timelines for the Financial Reporting Team and maintains flexibility to accommodate for changes in prioritization of everyday tasks and special projects
• Helps ensure the culture of the department is defined, understood, effective and fosters professional growth
• Communicates relevant updates to the team to ensure that all are fully informed of company related issues, changes, or actions
• Creates plans for development, training, and succession

Financial Reporting Management

• Oversees the preparation and review of all accounting activities related to monthly, quarterly, and annual close processes to ensure entity is in compliance with Generally Accepted Accounting Principles (GAAP) and other regulatory requirements
• Examines accounting records, financials statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
• Provides guidance to team members for licensing requests that support state and federal regulatory reporting requirements
• Assist in creating responses for requests on more complex licensing questions
• Ensures needs for internal as well as external year-end audits are met
• Analyzes current processes and challenging the methods used to accomplish goals and continuously seeking ways to improve
• Coordinates the research of accounting pronouncements and regulations to ensure entity is in compliance
• Ensures the accounting team meets various weekly, monthly, quarterly, and annual deadlines
• Oversees the review of 3rd party financial statement review requests

HR/Personnel Responsibilities

• Oversees hiring processes, coaching and development, team building, and overall success of the Financial Reporting Team
• Develops current team members through regular team training, one-on-one meetings that provide constructive feedback, and planning professional goals by setting framework for career growth
• Completes annual performance development conversations (PDCs) with team members, evaluates job performance, and creates yearly plan to ensure success of team members
• Creates and maintains job descriptions

Cross Team Collaboration/Relationship Building

• Cultivate relationships with peers in all departments supported to build trust and aid business objectives
• Works with various company departments to address process gaps
• Foster a culture of knowledge sharing and collaboration across departments, for example encouraging weekly training sessions and facilitating job shadows
• Partners and maintains strong communications with management and other leaders within and outside of the department

Approval/Decision Making/Administrative Duties

• Manages final approval of monthly close reports and reconciliations
• Ensures compliance with applicable laws, regulations, and internal policies governing Accounting operations
• Develops reports and audits to ensure compliance and deadlines are met
• Understands when to escalate business decisions to senior leadership
• Ensures all yearly requirements are completed in a timely manner, including but not limited to yearly certifications, taxes, and financial statement issuance to investors and trustees.
• Designs and maintains detailed financial and management reports.
• Attends and participates in accounting and finance meetings and discussions as necessary.

Other duties as assigned

This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned.

QUALIFICATIONS:        

• College degree or advanced degree required in accounting or finance.
• Advance Degree a plus
• CPA a plus
• Five years of experience in accounting related field.
• Advanced Knowledge of Generally Accepted Accounting Principles (GAAP)
• Experience with Microsoft Office, specifically Excel.
• Querying Knowledge.
• Effective Communication Skills.
• Attention to Detail
• Organization and Analytical Skills.
• Ability to work in a team environment.
• Motivated and self-starter.
• Quality minded.
• Willing to learn, hard-working, determined, and assertive. 

PHYSICAL DEMANDS:

• Must be able to remain in a stationary position 75% of the time.
• Ability to operate a computer and other office productivity machinery, such as a telephone, calculator, copy machine, and computer printer.
• Must be comfortable with various forms of communication including but not limited to email, Teams, Zoom, and over the phone.
• Must be able to exchange accurate information at all times.
• Will work in a state-of-the-art indoor temperature controlled, sealed window office environment.

BENEFITS:

• Medical and Dental Plan with Prescription Coverage and Vision
• Competitive benefits including 401(K) includes 100% company match of the first 4%
• Paid time off days (PTO), maternity/paternity leave, and holidays
• Community involvement including Volunteer Paid Time Off (VTO)
• Tuition Assistance for your first degree
• Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant
• Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being
• Collaborative and energetic work environment
• Professional development and promotional opportunities
• Competitive bonus programs

• A Berkshire Hathaway Company – an integrity-based organization offering unlimited career growth
• Full-time team members have the flexibility to create their own health, dental, and vision benefits package. Vanderbilt Mortgage and Finance, Inc. provides competitive 401(k) programs, including investment options and company matching for full and part time employees after one year to help our team members achieve their financial goals. Additional benefits include paid parental leave, tuition reimbursement, Employee Assistance Programs, and more.
• Vanderbilt Mortgage and Finance Inc. is a subsidiary of Clayton of which is proud to have earned spots on the following Forbes lists: America’s Best Employers, America’s Best Employers by State, Best Employers for Diversity, Best Employers for Women.
• As part of Vanderbilt Mortgage’s commitment to Opening Doors to a Better Life, VMF is now providing paid time for Team Members to volunteer to causes that are meaningful to them through the Clayton Impact program.
• At VMF, we encourage holistic wellness with physical, nutritional, social, financial, spiritual, and occupational programs available online or in-person for team members.
• Our newly renovated Home Office campus offers an onsite restaurant, onsite fitness facility with full gym, in-person and virtual workout classes, yoga/barre studio, volleyball, and basketball courts, walking paths, and a disc golf course.

Business Unit -